Shipfinex and ADI Chain Tokenize 35 Commercial Vessels Worth €455 Million

RWA tokenization is expanding into new sectors, and the latest development comes from Shipfinex and ADI Chain. The two platforms have agreed to prepare the infrastructure to tokenize a fleet of 35 commercial vessels valued at approximately €455 million.

This marks a significant step in integrating the traditional economy with blockchain technology. Shipfinex and ADI Chain will create special purpose vehicles (SPVs) to represent economic rights, such as freight-linked revenues or loans backed by the ships themselves.

ADI Chain will provide the settlement and distribution network, using stablecoins linked to fiat currencies like the UAE dirham or the US dollar. However, under the MiCA Regulation in Europe, the use and trading of certain stablecoins are subject to strict regulations to protect users and ensure market transparency.